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Type of Role: Investments

Experience Level: Analyst/Associate

Location: Boston, Massachusetts

Salary: $85K - $100K

The Pension Reserves Investment Management (PRIM) Board manages the assets (~$100 billion) of the Pension Reserves Investment Trust Fund for public employee pension benefits on behalf of Massachusetts State Employees, Teachers, as well as participating retirement systems throughout the Commonwealth of Massachusetts. PRIM’s mission is to generate strong risk-adjusted investment returns that help the Commonwealth meet its pensions obligations and alleviate taxpayer burden. PRIM’s highly experienced, professional investment staff seeks to maximize the return on investment with an acceptable level of risk by broadly diversifying the investment portfolio, capitalizing on economies of scale to achieve cost-effective operations, and providing access to high-quality, innovative investment strategies.

Investment Analyst ‐ Private Equity

MassPRIM

Boston, MA

Job Overview

MassPRIM (Pension Reserves Investment Management Board), the Massachusetts state pension fund with assets under management of approximately $100 billion, is recruiting an Investment Analyst for our growing Private Equity team. The Investment Analyst will contribute to the portfolio of global private equity fund investments (buyout, growth equity, venture capital) and direct co-investments. The Investment Analyst will work closely with team members on sourcing, due diligence, and monitoring private equity fund investments and direct co-investments.

Investment Analyst, Private Equity Responsibilities and Duties

The duties and responsibilities of this position include, but are not limited to:

  • Conduct investment due diligence and analysis using both quantitative and qualitative tools.
  • Participate in research related to PRIM’s portfolio, private markets, emerging investment areas or other special projects to inform or identify investment opportunities and portfolio strategy.
  • Evaluate and implement investment tools and resources used in connection with investment monitoring and portfolio management.
  • Monitor existing fund investments and portfolio companies across a wide variety of industries.
  • Manage investment database and pipeline to track and monitor prospective and existing investments.
  • Prepare and present investment recommendations for internal and board-level approval.
  • Interact with existing and prospective investment managers.
  • Represent PRIM while interacting with investment managers and the investment community.

Investment Analyst, Private Equity Required Qualifications

  • Bachelor’s degree demonstrating outstanding academic performance.
  • 1 to 3 years of post-undergraduate investment or analytical work experience, preferably within investment management, investment banking, accounting, or management consulting.
  • Proficiency in Excel, PowerPoint, Word, Outlook, and databases.
  • Chartered Financial Analyst (CFA) Level I or II, or willingness to pursue or progress towards CFA charter.
  • Strong analytical and problem-solving skills with excellent judgment.
  • Ability to generate both qualitative and quantitative analysis independently.
  • Demonstrated ability to work collaboratively and take initiative in a small team environment.
  • Outstanding communication skills, both written and verbal.
  • Must demonstrate attention to detail, intellectual curiosity, and critical thinking skills.
  • Must demonstrate high integrity and ethical behavior.